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OESAAnalysis

Field · North Sea

Balder

Balder is an oil field in the North Sea, discovered in 1967. Status: producing. Operator: Vår Energi ASA.

ProducingOil

Status
Producing
Contains
Oil
Sea area
North Sea
Operator
Vår Energi ASA
Discovered
1967
Approved for production
2 Feb 1996
Production start
2 Oct 1999
Supply base
Dusavik
Sodir ID
43562

Show on the globeFact page at the Norwegian Offshore Directorate

Production

Last 12 months
4.47 million Sm³ o.e. · Aug 2025–Jul 2026
Share of Norwegian production
1.82 %no. 13 of 95 fields with production in the last 12 months
Per day
77,000barrels o.e. per day, converted
Peak year
2005 7.24 million Sm³ o.e.
0246 2000: 4.02 million Sm³ o.e.2001: 3.89 million Sm³ o.e.2002: 3.44 million Sm³ o.e.20022003: 3.98 million Sm³ o.e.2004: 6.24 million Sm³ o.e.2005: 7.24 million Sm³ o.e.20052006: 6.57 million Sm³ o.e.2007: 5.81 million Sm³ o.e.2008: 4.55 million Sm³ o.e.20082009: 3.42 million Sm³ o.e.2010: 2.82 million Sm³ o.e.2011: 2.33 million Sm³ o.e.20112012: 1.90 million Sm³ o.e.2013: 1.99 million Sm³ o.e.2014: 2.56 million Sm³ o.e.20142015: 2.65 million Sm³ o.e.2016: 2.77 million Sm³ o.e.2017: 2.18 million Sm³ o.e.20172018: 1.67 million Sm³ o.e.2019: 1.41 million Sm³ o.e.2020: 1.06 million Sm³ o.e.20202021: 1.17 million Sm³ o.e.2022: 0.99 million Sm³ o.e.2023: 1.22 million Sm³ o.e.20232024: 1.54 million Sm³ o.e.2025: 2.99 million Sm³ o.e.2026: 2.48 million Sm³ o.e.2026

OilGas2026 covers January–July (lighter bar).

The figures start in 2000; the field started producing in 1999, so production before 2000 is not included.

Show the figures as a table
Production per year, Baldermillion Sm³ o.e.
YearOilGasNGLCondensateTotal
2026 (Jan–Jul)2.370.110.000.002.48
20252.940.050.000.002.99
20241.540.000.000.001.54
20231.220.000.000.001.22
20220.990.000.000.000.99
20211.170.000.000.001.17
20201.060.000.000.001.06
20191.380.030.000.001.41
20181.620.050.000.001.67
20172.120.060.000.002.18
20162.670.090.000.002.77
20152.560.090.000.002.65
20142.490.070.000.002.56
20131.920.060.000.001.99
20121.860.050.000.001.90
20112.270.060.000.002.33
20102.720.090.000.002.82
20093.310.110.000.003.42
20084.410.140.000.004.55
20075.620.190.000.005.81
20066.350.210.000.006.57
20056.990.260.000.007.24
20046.050.190.000.006.24
20033.950.030.000.003.98
20023.440.000.000.003.44
20013.890.000.000.003.89
20004.020.000.000.004.02

Marketable production in million standard cubic metres of oil equivalent (Sm³ o.e.), per month from the Norwegian Offshore Directorate, summed per year. Gas in billion Sm³ equals million Sm³ o.e. Figures up to and including July 2026. The conversion to barrels per day uses 1 Sm³ ≈ 6.29 barrels.

Reserves

The Norwegian Offshore Directorate's estimate as of 31 Dec 2025. Originally recoverable is everything the field is expected to produce; remaining is what is left.

Reserves in Balder
ProductOriginally recoverableRemainingUnit
Oil112.3532.54million Sm³
Gas3.641.61billion Sm³
Total o.e.115.9934.15million Sm³ o.e.

According to the estimate, 71 % of the recoverable reserves have been produced.

Licensees

Licensees in Balder, updated by Sodir 20 Feb 2026
CompanyShareValid from
Vår Energi ASAVAROperator90.00 %10 Jun 2023
Kistos Energy (Norway) AS10.00 %10 Jun 2023

Companies on the analysis page link to their own page.

Facilities

Facilities belonging to Balder
NameTypeStatusIn service since
25/11-A-4 H BalderSingle-well templateIn service1999
25/11-A-5 H BalderSingle-well templateIn service1999
25/11-A-6 H BalderSingle-well templateIn service1999
25/11-B-11 H BalderSingle-well templateIn service1999
25/11-B-14 H BalderSingle-well templateShut down1999
25/11-B-7 H Balder Single-well templateIn service1999
25/11-C-12 H BalderSingle-well templateIn service1999
25/11-C-13 H BalderSingle-well templateIn service1999
25/11-C-17 H BalderSingle-well templateShut down1999
25/11-C-3 H BalderSingle-well templateIn service1999
25/11-D-1 H BalderSingle-well templateIn service1999
25/11-D-10 H BalderSingle-well templateIn service1999
25/11-D-2 H BalderSingle-well templateIn service1999
Balder FpuProduction ship (FPSO)In service1999
25/11-A-19 H BalderSingle-well templateIn service2001
25/11-A-20 H BalderSingle-well templateShut down2001
25/11-B-18 H BalderSingle-well templateIn service2001
RinghorneSteel jacket, 4 legsIn service2003
25/11-A-21 H BalderSingle-well templateIn service2013
25/11-A-22 H BalderSingle-well templateIn service2013
25/11-B-24 HSingle-well templateShut down2013
Balder Sdu ASubsea structureIn service2013
Balder Sdu BSubsea structureIn service2013
25/11-A-23 H BalderSingle-well templateIn service2014
25/11-A-27 H BalderSingle-well templateIn service2015
25/11-D-25 H BalderSingle-well templateIn service2015
25/11-D-26 H BalderSingle-well templateIn service2015
Balder Sdu DSubsea structureIn service2015
25/11-B-28 H BalderSingle-well templateIn service2016
25/11-E-29 H BalderSingle-well templateIn service2016
Balder Gaslift ManifoldSubsea structureIn service2016
25/11 Balder BtMulti-well templateIn service2025
25/11 Balder DtMulti-well templateIn service2025
25/11 Balder FtMulti-well templateIn service2025
25/11 Balder GtMulti-well templateIn service2025
25/11 Balder HtMulti-well templateIn service2025
25/11 M4w BalderSingle-well templateIn service2025
25/11-I-1 H BalderSingle-well templateIn service2025
Jotun FPSOProduction ship (FPSO)In service2025
25/11-A-8 H BalderSingle-well templateShut down
25/8-N-1Single-well templateUnder installation

Sources

Sokkeldirektoratet, the Norwegian Offshore Directorate (FactMaps and FactPages), Norwegian Licence for Open Government Data (NLOD). Field data retrieved 28 Sep 2026, production 27 Sep 2026, licensees and reserves 28 Sep 2026. factpages.sodir.no · NLOD